SpaceX's Record-Breaking IPO Drives Market Momentum

SpaceX (NASDAQ: SPCX) made history with its record-breaking $75 billion IPO on June 12, closing at $160.95 after a 19% surge from the initial price of $135 per share. The strong institutional demand and limited retail resale due to anti-flipping restrictions have driven continued upward momentum in premarket trading.

By Jeffrey Neal Johnson, MarketBeat Mon, June 15, 2026 at 4:15 PM GMT+3 7 min read · Yahoo Finance · June 15, 2026, 13:15 UTC

SpaceX's Record-Breaking IPO Drives Market Momentum

Tickers: $SPCX

Topics: institutional demand IPO SpaceX stock market performance

Read the full article at Yahoo Finance

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